All posts tagged Rates

A U.S. stocks rally may get more fuel for its fire this afternoon when the Federal Reserve releases the minutes of the December FOMC meeting. Prudential Financial market strategist Quincy Krosby joined MoneyBeat this morning with a preview. Read More »

Even though the financial crisis is fully six years in the rearview mirror, the global recovery has still been one that’s dominated by a “low everything” growth track. That’s going to change in 2015, though, as the economy hits an inflection point where growth starts accelerating, Darrell Cronk said this morning on the MoneyBeat show. Read More »

Apart from the, you know, equities market, it’s been hard to find any real signs of inflation the past few years. Even this recent bout of data pointing to inflationisn’t decisive; it may all just be “noise,” as Janet Yellen argued last week. You’re going to hear an awful lot of arguments on both sides of this, because there’s going to be a lot of money plunked down on either side of this debate.

One vote for the “inflation’s back” camp is Societe Generale’s chief U.S. economist, Aneta Markowska, even though she acknowledges inflation in this most recent business cycle has been “somewhat of a puzzle.” Read More »

Notebooks at the ready, Goldman Sachs has revealed its second top trade idea for the coming year. This one’s all about why rates investors should play the gap created by rising yields in the U.S. relative to Europe. Read More »

Related News:

If you were burning with curiosity about how the U.S. economy might react were the Fed to pare back its bond-buying program and bond yields were to rise, you may be about to find. The latter, though, looks like it will hit the scene before the former. Read More »

UniCredit Chief US Economist Harm Bandholz appears to have nailed the confusion surrounding statements by Bernanke and investor interpretation.

It’s Bandholz’s contention the chairman is attempting to explain “asset purchases and short-term interest rates have different roles”–an opinion that frankly makes sense out of the confusion of future Fed policy. Read More »

Turkey’s central bank takes with one hand and gives back with the other.

Through Wednesday this week, the central bank sold dollars at a record pace to try and prop up the lira, while also halting daily repo auctions that in effect tightened short-term monetary policy. Read More »

Not wishing to take the gloss of a much-welcome return to profit in the first quarter at for Royal Bank of Scotland, which now hopes to return to private ownership next year, a scratch beneath the surface numbers raises some interesting questions.

Hey, after a 140-point drop, traders in New York will take help wherever they can find it, and they’re finding it all over.

The ECB, which has looked Teutonically tightfisted compared to its free-spending central banking peers elsewhere on the globe, gave in to the pressure this morning and cut its main interest rate to a new low at 0.5%. The bank had kept the rate at 0.75% since last July, back when ECB President Mario Draghi was doing his “whatever it takes” bit. Read More »